Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV

1928.00

Share Price

1657.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 42.77%
Mercantile (Ordinary Share) NAV 38.58%
FTSE 250 ex Inv Trusts 33.73%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1677.0 -13.0% 1928.00 1927.00
27 Apr
110% 2.80%

Discrete performance % over

Fund / BenchmarkMay '13
Apr '14
May '14
Apr '15
May '15
Apr '16
Mercantile (Ordinary Share) Price24.426.287.97
Mercantile (Ordinary Share) NAV17.6612.284.91
FTSE 250 ex Inv Trusts17.7614.24-0.60

Discrete performance over

Discrete Performance

Top 10 Holdings

Domino Pizza UK & Ireland 2.67%
Bellway PLC 2.56%
D S Smith PLC 2.44%
Howden Joinery Group PLC 2.44%
Auto Trader 2.21%
Micro Focus 2.09%
Inchcape Plc 1.98%
Segro PLC 1.98%
Greencore Group PLC 1.98%
Rightmove PLC 1.86%

Sectors weighting

Consumer Services 24.80%
Finance - General 23.10%
General Industrials 21.40%
Net Current Assets 13.70%
Consumer Goods 10.60%
Technology 4.30%
Oil & Gas 0.80%
Healthcare 0.80%
Materials 0.50%

Regional weighting

UK 86.00%
Cash/Cash Equivalent 14.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Currency GBX
  • Domicile UK
  • Share Price 1657.00
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 96
  • Market Capital (£M) 1593.05
  • Gross Assets (£M) 2008.67
  • Net Assets (£M) 1831.19
  • TER (%) 0.50
  • Historic Dividend Yield (%) 2.80
  • Last AGM 20 May 2015
  • Next AGM 25 May 2016
  • Last Annual Report Date 10 Apr 2015
  • Next due Report Date 31 Jan 2016
  • Next due Report Type A/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • JPMorgan Funds Limited
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1994
  • Timothy Lewis Start: 30 Dec 2014
  • Management Contract & Fees:

    Management agreement with JPMorgan Funds Limited terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies.